It has long been a guiding principle of Gold Stock Trades that requires constant reiteration.  “To know how to wait is the great secret of success.”  At one time in the history of the United States there were great Americans who had little education, but they were endowed with a native intelligence.  Will Rogers was one of them.  One side of his family was pure Cherokee, the other side was plain hard scrabble Cowboy.  When asked from where he got his material, he would look you in the eye and say, “Shucks, I just read the newspapers.” Speaking about investing he would say, “Invest in inflation its the only thing that’s going up.”  These words were written in a time very similar to that of today.  Political dishonesty, crony capitalism and downright immorality were features of the everyday landscape of his time.   

Originally from The Market Oracle